BlackHawk Industrial
Building a Leading Industrial Distribution Platform
Overview
BlackHawk Industrial was formed by an industry executive and a private equity group to consolidate the fragmented $400 billion industrial distribution sector through a focused buy-and-build strategy. They chose to partner with an experienced buy-side firm to bring together the best local and regional distributors of metalworking and industrial MRO products.
Actions
BlackHawk’s strategic focus was geographic expansion, increasing regional density and broadening product and service offerings. Applying Blackhawk’s acquisition criteria, the Genz team executed an extensive market map of the industry and directly engaged high-priority distributors focused on manufacturing consumables including cutting tools, abrasives, workholding, fasteners, packaging, chemicals and related MRO products. Through two Private Equity cycles Genz successfully engaged and evaluated companies, facilitated introductions, and originated transactions.
Outcomes
Genz successfully sourced 12 add-on acquisitions transforming Blackhawk from a regional player to a national distribution platform with a comprehensive portfolio of complementary products and services.
Tru Arc Partners:
- Alro Industrial Supply
- D&L Industrial Supply
- Tools for Industry
- JJ Industries, Jet Tool
Brazos Capital Group:
- Cataleap
- MFGSurplus
- Pioneer Precision Grinding
- Pioneer Precision Tool Supply
- Precision Supply
- X-Press Tool
- Precision Supply De Mexico
- Specialty Tool